Open AccessPengaruh Faktor Internal dan Faktor Eksternal Terhadap Nilai Perusahaan
Author(s) -
Made Sukma Prasitadewi,
I Nyoman Wijana Asmara Putra
Publication year - 2020
Publication title -
e-jurnal akuntansi
Language(s) - English
Resource type - Journals
ISSN - 2302-8556
DOI - 10.24843/eja.2020.v30.i06.p05
Subject(s) - profitability index , currency , dividend policy , stock exchange , enterprise value , monetary economics , value (mathematics) , inflation (cosmology) , interest rate , dividend , economics , business , accounting , finance , mathematics , statistics , physics , theoretical physics
The purpose of this study was to determine the effect of profitability, dividend policy, funding decisions, inflation, interest rates and currency exchange rates. This study took a sample of manufacturing companies listed on the Indonesia Stock Exchange in the period 2016-2018. The technique used in this research is multiple linear regression analysis. based on the results of the analysis of this study proves that profitability has a positive effect on firm value. Dividend policy does not affect the value of the company. Funding decisions negatively affect the value of the company. Inflation has a negative effect on firm value. Interest rates have a negative effect on firm value. Currency exchange rates have a negative effect on company value.
Keywords: Profitability; Dividend Policy; Funding Decision; Inflation; Interest Rates; Currency Exchange Rates.